Citi Resumes Aggregating Jumbos for MBS Issuance April 26, 2021 Brandon Ivey Citi started issuing expanded-credit MBS in 2020 but hasn't come to market with a jumbo deal since 2014. Read More
Plush with Stunning Profits, Mortgage Firms Boost Donations April 23, 2021 Lisa Burden Lenders both large and small are giving back to their communities. Credit the refi boom of 2020?Read More
For Sale: A Rare Ginnie Package. More MSRs to Come? April 23, 2021 Paul Muolo A thaw is in the air when it comes to auctioning off Ginnie Mae servicing rights...Read More
1Q21 ABS Issuance Spikes 87% as COVID Recovery Takes Hold April 23, 2021 John Bancroft Driving the improvement (no pun intended): the auto lending and leasing sector.Read More
Mortgage IPO Window Closed? Not for Tech Disruptors... April 23, 2021 Paul Muolo For now, Blend's IPO documents are confidential. But eventually its financials will hit the street. Read More
Calabria Acknowledges ‘Pinch’ on NOO/Second-Home Market Caused by Reg Change April 22, 2021 Dennis Hollier FHFA chief Mark Calabria: “The reality is that, in the short run, there will be a pinch on the market, if you will."Read More
Agency MI Market Retrenches in 1Q but Remains Robust Overall April 22, 2021 John Bancroft Sales of purchase loans with private MI coverage fell 21.7%, while Ginnie recorded somewhat more modest declines in FHA (16.0%) and VA (18.0%) volume. Read More
Ocwen Will Pay a ‘Modest’ Premium for Texas Capital’s MSRs April 22, 2021 Paul Muolo For Ocwen, the acquisitions represent a chance to grow its lending business and bolster its MSR portfolio. Read More
SFA Drafts Reporting Standards for Non-Agency MBS Servicers April 22, 2021 Brandon Ivey The voluntary standards are in response to complaints from non-agency MBS investors regarding disclosure of loan performance amid the pandemic. Read More
Critics Rehash (and Trash) Utility Model for Fannie and Freddie April 21, 2021 Dennis Hollier One big rah-rah fan of the GSE utility model is the National Association of Realtors... Read More